Humic-based Biostimulants Market by Type (Humic Acid, Fulvic Acid, and Potassium Humate), Mode of Application (Foliar Treatment, Seed Treatment, and Soil Treatment), Formulation, Crop Application, and Region - Global Forecast to 2025
[174 Pages Report] The global humic-based biostimulants market is estimated at USD 515 million in 2020 and projected to grow at a CAGR of 10.5% from 2020, to reach a value of USD 848 million by 2025. The humic-based biostimulants industry has been gaining pace due to associated benefits and an increase in the need for sustainable agriculture and reduced exploitation and wastage of conventional synthetic fertilizers.The easy availability of raw materials for humic-based biostimulants such as humic acid also draws the attention of key players in the market to develop new and effective active ingredients of biostimulants.
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COVID-19 impact on Humic-based biostimulants market
The humic-based biostimulants market includes major Tier I and II suppliers like Novihum Technologies GMBH ( Germany), Humintech GMBH (Germany), Qingdao Future Group (China), Promisol (Spain), and Bioline (Canada). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. The impact of the COVID-19 pandemic on the global market has been minimal, especially because of supply chain disruption. Many consumers have adopted a healthy lifestyle during the outbreak of COVID-19, because of which the demand for organic food products has gained more traction; hence the demand for biological inputs has boosted. The barriers imposed by the government have although not affected the agriculture sector much, with the manufacturing plants running seamlessly even during lockdowns. Therefore the biostimulants which are combined with fertilizers have gained more market.
Humic-based biostimulants Market Dynamics
Driver: Demand for the adoption of sustainable solutions
To meet the increasing demand for food from over 9 billion people by 2050, there is an immense pressure exerted to produce crops with high-quality yield. Humic-based biostimulants can sustainably address this issue, by providing protection against stress and thereby stimulating the growth of the plant. The market for biostimulants is projected to grow in the coming years due to the increasing consumer awareness about the benefits of organic foods, implementation of organic regulations, and adoption of GLOBALGAP (Global Good Agricultural Practices) policies. Humic-based biostimulants can play an essential role in improving the physicochemical, chemical, and biological properties of the soil.
Restraints: Local players lack the authenticity of biostimulant products
Lack of transparency in patent protection laws in various countries has led to the prevalence of low-quality products. The regulatory framework for biostimulants, being unclear across many regulatory bodies globally, had allowed the entry of these duplicate products. Even though the humic-based biostimulants market has limited barriers for entry and has allowed many competitors to commence operations, the nature of the market has become fragmented into smaller pockets of market holdings.
Opportunities: Technological advancements for biostimulant production
Technological innovation in the biostimulant sector creates the opportunity for manufacturers to develop new products in the biostimulant and plant growth promotor segments. Initially, biostimulants were only used for vegetables and fruit crops, along with other high-value crops such as ornamentals and plantation crops. Now, they also play an importunate role in traditional food crops such as corn, wheat, and rice, by being used as an added compliment to fertilizers to catalyze the nutrient uptake process of the crops. One of the other latest technologies also includes the production of humic-based biostimulants chelated with NPK and biostimulant resistant to hard water, which will gain more traction in the future.
Challenges: Uncertainty in the regulatory framework of biostimulants
Humic-based biostimulants have not yet been governed under any standard categorization across the globe. Currently, biostimulants are not classified as a specific category with a consistent global definition. For instance, they are considered as additives in France, whereas in Germany, they are marketed as plant strengtheners or growth enhancers. To consolidate the regulatory framework with respect to biostimulants in Europe, the European Biostimulants Industry Consortium (EBIC) drafted a directive based on the views and suggestions of manufacturers and research institutes and tabulated it for EU approval. The data requirements and parameter range also vary according to each country in the EU.
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By crop type, the cereals segment is projected to be the fastest-growing segment in the Humic-based biostimulants market during the forecast period.
Cereals, such as wheat and rice, are the staple food crops in many countries, especially n Asian countries. Southeast countries like Vietnam, Indonesia consume rice in abundance, and this trend is projected to continue in the coming years. With the increasing population in the Asia-Pacific region, the demand for increased cereals production is gaining more interest. To enhance the crop productivity, farmers are willing to adopt new innovative technologies like humic-based biostimulants, which will aid the plant growth and drive the economy.
By type, the humic acid segment is projected to dominate the global market during the forecast period.
Humic acid is easily available in the humic matter of soils. It increases the microbial activity in the soils, improving the soil health. It also enables the uptake of nutrients, absorption of water, and also fights against various pests. For instance, in crops like potato, humic acid increases the tuber count and size of the crop. Therefore, the humic acid segment is projected to grow in the future.
By mode of application, seed treatment is projected to be the fastest-growing segment in the humic-based biostimulants market during the forecast period.
Seed treatment is projected to grow at the highest CAGR in the humic-acid biostimulants market. With modern technology, farmers are becoming aware of the seed treatment method, which requires less labor, time, and water. This mode of application is gaining importance due to its reliability and efficacy. However, to get the desired results using this method, proper knowledge of the system and efficient management are required. It is projected to drive the market in the next six years, particularly in North America and Europe.
The increasing demand for sustainable solutions in the Asia Pacific regions drives the growth of the global market.
The agriculture industry in Asia, particularly in the Southeast Asian countries, witness effective transformation due to various technological advancements. The increase in agricultural practices and demand for agricultural produce which can meet the international standards are the factors that are projected to drive the humic-based biostimulants market in this region. It has produced high-quality biostimulants and has patented various new bioactive molecules. Asian countries, such as China, Japan, southeast countries are shifting toawards sustainable agriculture. Hence, the demand for Humic-based biostimulants is high in the region.
Key Market Players
Key players in this market include Bayer AG (Germany), FMC Corporation (US), UPL Ltd (India), Borregaard (Norway), Koppert Biological Systems (Netherlands), Valagro SpA (Italy), Biolchim SpA (Italy), and Humic Growth Solutions (Florida). These major players in this market focus on increasing their presence through expansions & investments, mergers & acquisitions, partnerships, joint ventures, and agreements. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities, along with strong distribution networks across these regions.
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Report Metric |
Details |
|
Market size available for years |
2018-2025 |
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Base year considered |
2019 |
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Forecast period |
2020-2025 |
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Forecast units |
Value (USD) |
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Segments covered |
Crop Application, Type, Mode of application, and Formulation |
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Geographies covered |
North America, Europe, Asia Pacific, South America, and RoW |
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Companies covered |
Bayer AG (Germany), FMC Corporation (US), UPL Ltd(India), Borregaard (Norway), Koppert Biological Systems (Netherlands), Valagro SpA (Italy), Biolchim SpA (Italy), Haifa Group (Israel), Sikko International Ltd (India), Novihum Technologies GMBH ( Germany), Humintech GMBH (Germany), Qingdao Future Group (China), Promisol (Spain), Bioline (Canada), Humic Growth Solutions (Florida), Actagro (US), Rovensa (Portugal), Tagrow (China), CIFO (Italy), Loveland (US) |
This research report categorizes the humic-based biostimulants market based on formulation, type, crop application, mode of application, and region.
Based on crop application:
- Agriculture (open fields)
- Cereals
- Oilseeds
- Fruits & vegetables
- Fiber crops
- Other crop types
- Other applications
Based on formulation:
- Liquid
- Water-soluble powders
- Water-soluble granules
- Other formulations
Based on the mode of application:
- Foliar treatment
- Seed treatment
- Soil treatment
Based on type:
- Humic acid
- Fulvic acid
- Potassium humate
Based on the region:
- North America
- Europe
- Asia Pacific
- South America
- Rest of World (RoW)*
* RoW includes the Middle East and Africa.
Recent Developments:
- In July 2019, Koppert acquired Nitrasoil (Argentina) and its industrial unit in Argentina. With this, Koppert intended to expand the range of its products and cater to the southern US.
- In July 2019, Valagro announced a research collaboration with Marrone Bio Innovations (US) to leverage their assets to develop plants that can thrive under harsh conditions, grow with more vigor, and have better root systems.
- In October 2019, Humintech has expanded its production capacity and moved to a new production plant to produce new Humic acid granulate.
Frequently Asked Questions (FAQ):
What is the share of the key market players in the Humic-based biostimulantsMarket?
The key global players, i.e., Bayer AG (Germany), FMC Corporation (US), Humic Growth Solutions (Florida), contributed to more than 50% of the revenues in 2019.
What are the challenges that can be faced by market players?
Lack of awareness among farmers and competition from the seaweed biostimulants market is projected to be major challenges faced by market players.
What are the growth prospects for the cereals & grains segment in the global biostimulants market?
The usage of humic-based biostimulants has evolved immensely from high-value crops such as fruits & vegetables to broad-acre crops such as cereals, pulses, and fiber crops. It has been observed that biostimulants enhance the uptake of nutrients, develop tolerance to abiotic stresses, and increase the vigor and yield of crops such as wheat, rice, and barley. The immense possibility of applying humic-based biostimulants for these broad-acre crops can lead to the significant growth of this market.
Which factors support the growth of the humic-based biostimulants market?
Increasing awareness of sustainable solutions in farming and increasing the availability of the humic substance support the growth of the humic-based biostimulants market.
What are the upcoming trends/latest technology in the humic-based biostimulants market?
Humic-based biostimulants are combined with other kinds of biostimulants, or they are applied along with fertilizers also. One of the latest technologies is the use of humic-based biostimulants with chelated NPK.
What is the impact of the COVID-19 pandemic on the humic-based biostimulants market?
The impact on the humic-based biostimulants market has been mainly due to movement restrictions. Companies involved in the manufacture of fertilizers are also engaged in the biostimulant production. Therefore most of the manufacturing plants which have operated even during lockdowns have made a double-digit profit during the outbreak of COVID-19. The loss incurred due to logistics barriers by companies is planned to recover during the 3rd or 4th quarters after the imposition of government relaxations. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 19)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
FIGURE 2 REGIONAL SEGMENTATION
1.3.1 PERIODIZATION CONSIDERED
1.4 CURRENCY UNIT CONSIDERED
TABLE 1 USD EXCHANGE RATES, 20152019
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 23)
2.1 RESEARCH DATA
FIGURE 3 RESEARCH DESIGN: HUMIC-BASED BIOSTIMULANTS MARKET
2.1.1 SECONDARY DATA
2.1.1.1 Key Data from Secondary Sources
2.1.2 PRIMARY DATA
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION METHODOLOGY
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS
2.4.1 ASSUMPTIONS
2.4.2 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY (Page No. - 31)
FIGURE 7 HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY CROP APPLICATION, 2020 VS. 2025 (USD MILLION)
FIGURE 8 MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)
FIGURE 9 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY MODE OF APPLICATION, 2020 VS. 2025 (USD MILLION)
FIGURE 10 HUMIC-BASED BIOSTIMULANTS MARKET: REGIONAL SNAPSHOT
4 PREMIUM INSIGHTS (Page No. - 36)
4.1 OPPORTUNITIES IN THE HUMIC-BASED BIOSTIMULANTS MARKET
FIGURE 11 RISE IN ORGANIC AGRICULTURE AREA HAS LED TO INCREASED DEMAND FOR HUMIC-BASED BIOSTIMULANTS
4.2 SEED TREATMENT MARKET, BY MODE OF APPLICATION
FIGURE 12 SOIL IS ESTIMATED TO BE THE MOST PREFERRED MODE OF APPLICATION IN THE HUMIC-BASED BIOSTIMULANTS MARKET IN 2020
4.3 HUMIC-BASED BIOSTIMULANTS MARKET, BY TYPE & REGION
FIGURE 13 EUROPE TO ACCOUNT FOR THE LARGEST MARKET SHARE FOR HUMIC-BASED BIOSTIMULANTS IN 2020
4.4 EUROPE: HUMIC-BASED BIOSTIMULANTS MARKET, BY KEY COUNTRY & TYPE
FIGURE 14 SPAIN WOULD BE A MAJOR CONSUMER OF HUMIC-BASED BIOSTIMULANTS IN THE EUROPEAN REGION IN 2020
4.5 HUMIC-BASED BIOSTIMULANTS MARKET: MAJOR REGIONAL SUBMARKETS
FIGURE 15 THE US TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2020
5 MARKET OVERVIEW (Page No. - 39)
5.1 INTRODUCTION
5.2 MACROECONOMIC INDICATORS
5.2.1 DECLINE IN ARABLE LAND
FIGURE 16 ARABLE LAND AREA PER CAPITA, 19602050 (HA)
TABLE 2 YIELD INCREASE OF ANNUAL FOOD CROPS FROM BIOSTIMULANTS APPLICATION
5.2.2 CLIMATIC CHANGES RESULT IN ABIOTIC STRESS IMPACTING CROP GROWTH
5.3 MARKET DYNAMICS
FIGURE 17 HUMIC-BASED BIOSTIMULANTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.3.1 DRIVERS
5.3.1.1 Demand for adoption of sustainable solutions
5.3.1.2 Limited entry barriers resulting in the entry of players of different tiers
5.3.1.3 High-value crops with export value experience higher demand
FIGURE 18 AREA HARVESTED UNDER FRUIT & VEGETABLE CROPS, 20132017 (MILLION HA)
5.3.2 RESTRAINTS
5.3.2.1 Local players do not guarantee authenticity of biostimulant products
5.3.3 OPPORTUNITIES
5.3.3.1 Stronger innovative product portfolio for broad-acre crops
FIGURE 19 HARVESTED AREA OF KEY CEREAL AND OILSEED CROPS, 20132017 (MILLION HA)
5.3.3.2 Technological advancements in biostimulant production
5.3.4 CHALLENGES
5.3.4.1 Uncertainty in the regulatory framework of biostimulants
5.3.4.2 High demand for seaweed biostimulants
FIGURE 20 ANNUAL SEAWEED PRODUCTION, 20112015 (MILLION TONNE)
5.4 PATENT ANALYSIS
FIGURE 21 REGIONAL ANALYSIS: PATENT APPROVAL FOR BIOSTIMULANTS, 20172020
TABLE 3 LIST OF IMPORTANT PATENTS FOR BIOSTIMULANT, 20172020
5.5 VALUE CHAIN ANALYSIS
FIGURE 22 VALUE CHAIN ANALYSIS
5.6 YC-YCC SHIFTS IN THE HUMIC-BASED BIOSTIMULANTS MARKET
FIGURE 23 IDENTIFICATION OF THE MOST EFFECTIVE BIOACTIVE MOLECULES CONTAINING DIFFERENT KINDS OF EXTRACTS TO FIGHT ABIOTIC STRESSES IS DRIVING THE MARKET
5.7 MARKET ECOSYSTEM
5.8 COVID-19 IMPACT ON THE HUMIC-BASED BIOSTIMULANTS MARKET
5.9 PRICING ANALYSIS
FIGURE 24 HUMIC-BASED BIOSTIMULANTS MARKET SIZE PRICE 20162020 (USD PER KT)
6 HUMIC-BASED BIOSTIMULANTS MARKET, BY MODE OF APPLICATION (Page No. - 54)
6.1 INTRODUCTION
FIGURE 25 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY MODE OF APPLICATION, 2020 VS. 2025 (USD MILLION)
TABLE 4 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY MODE OF APPLICATION, 20182025 (USD MILLION)
6.2 FOLIAR TREATMENT
6.2.1 FOLIAR TREATMENT IS THE MOST PREFERRED APPLICATION MODE IN HORTICULTURAL CROPS
TABLE 5 FOLIAR TREATMENT MARKET SIZE, BY REGION, 20182025 (USD MILLION)
6.3 SOIL TREATMENT
6.3.1 TREATMENT ENHANCES SOIL HEALTH WITHOUT AFFECTING BENEFICIAL ORGANISMS
TABLE 6 SOIL TREATMENT MARKET SIZE, BY REGION, 20182025 (USD MILLION)
6.4 SEED TREATMENT
6.4.1 SEED PRE-TREATMENT WITH BIOSTIMULANTS HELPS IN FASTER GERMINATION
TABLE 7 SEED TREATMENT MARKET SIZE, BY REGION, 20182025 (USD MILLION)
7 HUMIC-BASED BIOSTIMULANTS MARKET, BY TYPE (Page No. - 59)
7.1 INTRODUCTION
FIGURE 26 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY TYPE, 2020 VS. 2025 (USD MILLION)
TABLE 8 HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 9 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY TYPE, 20182025 (KT)
7.2 HUMIC ACID
7.2.1 HUMIC ACID FROM VARIOUS SOURCES FUNCTIONS DIFFERENTLY
TABLE 10 HUMIC ACID-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 20182025 (USD MILLION)
TABLE 11 HUMIC ACID-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 20182025 (KT)
7.3 FULVIC ACID
7.3.1 FULVIC ACID IS SOLUBLE IN ALL PH CONDITIONS
TABLE 12 FULVIC ACID-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 20182025 (USD MILLION)
TABLE 13 FULVIC ACID-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 20182025 (KT)
7.4 POTASSIUM HUMATE
7.4.1 POTASSIUM HUMATE IS USUALLY APPLIED THROUGH FERTIGATION
TABLE 14 POTASSIUM HUMATE-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 20182025 (USD MILLION)
TABLE 15 POTASSIUM HUMATE-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 20182025 (KT)
8 HUMIC-BASED BIOSTIMULANTS MARKET, BY CROP APPLICATION (Page No. - 66)
8.1 INTRODUCTION
FIGURE 27 HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY CROP APPLICATION, 2020 VS. 2025 (USD MILLION)
TABLE 16 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY CROP APPLICATION, 20182025 (USD MILLION)
8.2 AGRICULTURE (OPEN FIELDS)
8.2.1 FRUITS & VEGETABLES
8.2.1.1 Changes in consumer preferences drive the market for biostimulants in fruits and vegetables
TABLE 17 APPLICATION EFFECTS OF BIOSTIMULANTS ON FRUIT & VEGETABLE CROPS
TABLE 18 HUMIC-BASED BIOSTIMULANTS MARKET SIZE IN FRUIT & VEGETABLE CULTIVATION, BY REGION, 20182025 (USD MILLION)
8.2.2 CEREALS
8.2.2.1 Increase in awareness of the benefits of biostimulants has been encouraging their use on cereal crops
TABLE 19 HUMIC-BASED BIOSTIMULANTS MARKET SIZE IN CEREAL CULTIVATION, BY REGION, 20182025 (USD MILLION)
8.2.3 OILSEEDS
8.2.3.1 High-value crops such as soybean require nutrient additives
TABLE 20 HUMIC-BASED BIOSTIMULANTS MARKET SIZE IN OILSEED CULTIVATION, BY REGION, 20182025 (USD MILLION)
8.2.4 FIBER CROPS
8.2.4.1 Biostimulants improve fiber characteristics in fiber crops
TABLE 21 HUMIC-BASED BIOSTIMULANTS MARKET SIZE IN FIBER CROP CULTIVATION, BY REGION, 20182025 (USD MILLION)
8.2.5 OTHER CROP TYPES
TABLE 22 HUMIC-BASED BIOSTIMULANTS MARKET SIZE IN OTHER CROP TYPES, BY REGION, 20182025 (USD MILLION)
8.3 OTHER APPLICATIONS
TABLE 23 HUMIC-BASED BIOSTIMULANTS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 20182025 (USD MILLION)
9 HUMIC-BASED BIOSTIMULANTS MARKET, BY FORMULATION (Page No. - 74)
9.1 INTRODUCTION
FIGURE 28 HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY FORMULATION, 2020 VS. 2025 (USD MILLION)
TABLE 24 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY FORMULATION, 20182025 (USD MILLION)
9.2 LIQUID
9.2.1 HUMIC-BASED BIOSTIMULANTS ARE MOSTLY APPLIED IN THE LIQUID FORM
TABLE 25 HUMIC-BASED BIOSTIMULANT LIQUIDS MARKET SIZE, BY REGION, 20182025 (USD MILLION)
9.3 WATER-SOLUBLE POWDER
9.3.1 WATER-SOLUBLE POWDERS ARE EASY TO MANUFACTURE, TRANSPORT, AND STORE
TABLE 26 WATER-SOLUBLE HUMIC-BASED BIOSTIMULANT POWDERS MARKET SIZE, BY REGION, 20182025 (USD MILLION)
9.4 WATER-SOLUBLE GRANULE
9.4.1 WATER-SOLUBLE GRANULES DO NOT REQUIRE FREQUENT APPLICATION
TABLE 27 WATER-SOLUBLE BIOSTIMULANT GRANULES MARKET SIZE, BY REGION, 20182025 (USD MILLION)
9.5 OTHER FORMULATIONS
9.5.1 CRYSTALS & FLAKES ARE MAINLY APPLIED IN LANDSCAPES
TABLE 28 OTHER BIOSTIMULANT FORMULATIONS MARKET SIZE, BY REGION, 20182025 (USD MILLION)
10 HUMIC-BASED BIOSTIMULANTS MARKET, BY REGION (Page No. - 80)
10.1 INTRODUCTION
FIGURE 29 EUROPE HELD THE LARGEST SHARE IN THE HUMIC-BASED BIOSTIMULANTS MARKET DURING THE FORECAST PERIOD
TABLE 29 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY REGION, 20182025 (USD MILLION)
TABLE 30 MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY REGION, 20182025 (KT)
10.2 NORTH AMERICA
10.2.1 REGULATORY FRAMEWORK
10.2.2 TRADE ANALYSIS
10.2.2.1 Export scenario of fertilizers
FIGURE 30 NORTH AMERICA: FERTILIZER EXPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
10.2.2.2 Import scenario of fertilizers
FIGURE 31 NORTH AMERICA: FERTILIZER IMPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
TABLE 31 NORTH AMERICA: HUMIC BIOSTIMULANTS SIZE, BY COUNTRY, 20182025 (USD MILLION)
TABLE 32 NORTH AMERICA: HUMIC BIOSTIMULANTS SIZE, BY COUNTRY, 20182025 (KT)
TABLE 33 NORTH AMERICA: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 34 NORTH AMERICA: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 35 NORTH AMERICA: MARKET SIZE, BY MODE OF APPLICATION, 20182025 (USD MILLION)
TABLE 36 NORTH AMERICA: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 37 NORTH AMERICA: MARKET SIZE, BY FORMULATION, 20182025 (USD MILLION)
10.2.3 US
10.2.3.1 Presence of major seed companies in the US aids the growth of the global market
TABLE 38 US: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 39 US: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 40 US: MARKET SIZE, BY TYPE, 20182025 (KT)
10.2.4 CANADA
10.2.4.1 Investments in organic farming are boosting the market for humic-based biostimulants in the country
TABLE 41 CANADA: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 42 CANADA: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 43 CANADA: MARKET SIZE, BY TYPE, 20182025 (KT)
10.2.5 MEXICO
10.2.5.1 Government and private sector to promote organic farming in Mexico
TABLE 44 MEXICO: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 45 MEXICO: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 46 MEXICO: MARKET SIZE, BY TYPE, 20182025 (KT)
10.3 ASIA PACIFIC
FIGURE 32 ASIA PACIFIC: MARKET SNAPSHOT
10.3.1 REGULATORY FRAMEWORK
10.3.2 TRADE ANALYSIS
10.3.2.1 Export scenario of fertilizers
FIGURE 33 ASIA PACIFIC: FERTILIZER EXPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
10.3.2.2 Import scenario of fertilizers
FIGURE 34 ASIA PACIFIC: FERTILIZER IMPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
TABLE 47 ASIA PACIFIC: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY COUNTRY, 20182025 (USD MILLION)
TABLE 48 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 20182025 (KT)
TABLE 49 ASIA PACIFIC: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 50 ASIA PACIFIC: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 51 ASIA PACIFIC: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 52 ASIA PACIFIC: MARKET SIZE, BY MODE OF APPLICATION, 20182025 (USD MILLION)
TABLE 53 ASIA PACIFIC: MARKET SIZE, BY FORMULATION, 20182025 (USD MILLION)
10.3.3 CHINA
10.3.3.1 Sustainable agricultural practices are being adopted by farmers with more concern toward environmental safety
TABLE 54 CHINA: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 55 CHINA: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 56 CHINA: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.3.4 JAPAN
10.3.4.1 Demand for residue-free food in Japan enables the demand for biostimulants
TABLE 57 JAPAN: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY TYPE, 20182025 (USD MILLION)
TABLE 58 JAPAN: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 59 JAPAN: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.3.5 INDIA
10.3.5.1 A regulatory body is required to authenticate biostimulant products in India
TABLE 60 INDIA: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 61 INDIA: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 62 INDIA: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.3.6 AUSTRALIA
10.3.6.1 Increase in demand for organic food products drives the adoption of biostimulants in agricultural practices in Australia
TABLE 63 AUSTRALIA: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY TYPE, 20182025 (USD MILLION)
TABLE 64 AUSTRALIA: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 65 AUSTRALIA: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.3.7 REST OF ASIA PACIFIC
TABLE 66 REST OF ASIA PACIFIC: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 67 REST OF ASIA PACIFIC: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 68 REST OF ASIA PACIFIC: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.4 EUROPE
FIGURE 35 SIGNIFICANT INCREASE IN ORGANIC AGRICULTURE AREA HAS LED TO INCREASED DEMAND FOR HUMIC-BASED BIOSTIMULANTS IN EUROPE
10.4.1 REGULATORY FRAMEWORK
10.4.2 TRADE ANALYSIS
10.4.2.1 Export scenario of fertilizers
FIGURE 36 EUROPE: FERTILIZER EXPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
10.4.2.2 Import scenario of fertilizers
FIGURE 37 EUROPE: FERTILIZER IMPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
TABLE 69 EUROPE: HUMIC-BASED BIOSTIMULANTS SIZE, BY COUNTRY, 20182025 (USD MILLION)
TABLE 70 EUROPE: HUMIC-BASED BIOSTIMULANTS SIZE, BY COUNTRY, 20182025 (MT)
TABLE 71 EUROPE: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 72 EUROPE: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 73 EUROPE: MARKET SIZE, BY MODE OF APPLICATION, 20182025 (USD MILLION)
TABLE 74 EUROPE: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 75 EUROPE: MARKET SIZE, BY FORMULATION, 20182025 (USD MILLION)
10.4.3 FRANCE
10.4.3.1 Government initiatives supporting organic production has led to increased demand for humic-based biostimulants in France
TABLE 76 FRANCE: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 77 FRANCE: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 78 FRANCE: MARKET SIZE, BY TYPE, 20182025 (MT)
10.4.4 GERMANY
10.4.4.1 Increase in organic agriculture has led to increased use of organic plant enhancement products in Germany
TABLE 79 GERMANY: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 80 GERMANY: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 81 GERMANY: MARKET SIZE, BY TYPE, 20182025 (KT)
10.4.5 SPAIN
10.4.5.1 Increased consumption of organic food in Spain has led to rise in demand for biological crop enhancement products
TABLE 82 SPAIN: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 83 SPAIN: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 84 SPAIN: MARKET SIZE, BY TYPE, 20182025 (KT)
10.4.6 ITALY
10.4.6.1 Government support to encourage organic farming will, in turn, lead to demand for biological crop enhancement products
TABLE 85 ITALY: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 86 ITALY: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 87 ITALY: MARKET SIZE, BY TYPE, 20182025 (KT)
10.4.7 NETHERLANDS
10.4.7.1 Rise in demand for organic products has led to an increase in organic farming and crop enhancement in the Netherlands
TABLE 88 NETHERLANDS: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 89 NETHERLANDS: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 90 NETHERLANDS: MARKET SIZE, BY TYPE, 20182025 (KT)
10.4.8 REST OF EUROPE
TABLE 91 REST OF EUROPE: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 92 REST OF EUROPE: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 93 REST OF EUROPE: MARKET SIZE, BY TYPE, 20182025 (KT)
10.5 SOUTH AMERICA
10.5.1 REGULATORY FRAMEWORK
10.5.2 TRADE ANALYSIS
10.5.2.1 Export scenario of fertilizers
FIGURE 38 SOUTH AMERICA: FERTILIZER EXPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
10.5.2.2 Import scenario of fertilizers
FIGURE 39 SOUTH AMERICA: FERTILIZER IMPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
TABLE 94 SOUTH AMERICA: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY COUNTRY, 20182025 (USD MILLION)
TABLE 95 SOUTH AMERICA: MARKET SIZE, BY COUNTRY, 20182025 (KT)
TABLE 96 SOUTH AMERICA: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 97 SOUTH AMERICA: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 98 SOUTH AMERICA: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 99 SOUTH AMERICA: MARKET SIZE, BY MODE OF APPLICATION, 20182025 (USD MILLION)
TABLE 100 SOUTH AMERICA: MARKET SIZE, BY FORMULATION, 20182025 (USD MILLION)
10.5.3 BRAZIL
10.5.3.1 Export demand for soybean and oilseeds drives the market for sustainable solutions in Brazil
TABLE 101 BRAZIL: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 102 BRAZIL: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 103 BRAZIL: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.5.4 ARGENTINA
10.5.4.1 Growth in organic farming production in Argentina is creating a market for biostimulants
TABLE 104 ARGENTINA: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY TYPE, 20182025 (USD MILLION)
TABLE 105 ARGENTINA: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 106 ARGENTINA: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.5.5 REST OF SOUTH AMERICA
TABLE 107 REST OF SOUTH AMERICA: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 108 REST OF SOUTH AMERICA: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 109 REST OF SOUTH AMERICA: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.6 REST OF THE WORLD (ROW)
10.6.1 REGULATORY FRAMEWORK
10.6.2 TRADE ANALYSIS
10.6.2.1 Export scenario of fertilizers
FIGURE 40 ROW: FERTILIZER EXPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
10.6.2.2 Import scenario of fertilizers
FIGURE 41 ROW: FERTILIZER IMPORT VALUE, BY KEY COUNTRY, 20122019 (USD MILLION)
TABLE 110 ROW: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY REGION, 20182025 (USD MILLION)
TABLE 111 ROW: MARKET SIZE, BY REGION, 20182025 (KT)
TABLE 112 ROW: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
TABLE 113 ROW: MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 114 ROW: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 115 ROW: MARKET SIZE, BY MODE OF APPLICATION, 20182025 (USD MILLION)
TABLE 116 ROW: MARKET SIZE, BY FORMULATION, 20182025 (USD MILLION)
10.6.3 AFRICA
10.6.3.1 Commercial farmers in Africa are adopting new technologies
TABLE 117 AFRICA: MARKET SIZE FOR HUMIC-BASED BIOSTIMULANTS, BY TYPE, 20182025 (USD MILLION)
TABLE 118 AFRICA: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 119 AFRICA: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
10.6.4 MIDDLE EAST
10.6.4.1 The need to enhance crop yields is driving the market for humic-based biostimulants in the Middle East
TABLE 120 MIDDLE-EAST: HUMIC-BASED BIOSTIMULANTS MARKET SIZE, BY TYPE, 20182025 (USD MILLION)
TABLE 121 MIDDLE-EAST: MARKET SIZE, BY TYPE, 20182025 (KT)
TABLE 122 MIDDLE EAST: MARKET SIZE, BY CROP APPLICATION, 20182025 (USD MILLION)
11 COMPETITIVE LANDSCAPE (Page No. - 137)
11.1 OVERVIEW
11.2 MARKET EVALUATION FRAMEWORK
FIGURE 42 HUMIC-BASED BIOSTIMULANTS: TRENDS IN COMPANY STRATEGIES, 20172020
11.3 COMPANY EVALUATION MATRIX
FIGURE 43 HUMIC-BASED BIOSTIMULANTS MARKET: COMPANY EVALUATION MATRIX, 2019
11.4 MARKET SHARE ANALYSIS
FIGURE 44 HUMIC-BASED BIOSTIMULANTS MARKET: COMPANY MARKET SHARE, 2019
11.5 COMPETITIVE SCENARIO
11.5.1 NEW PRODUCT LAUNCHES
TABLE 123 NEW PRODUCT LAUNCHES, 2016
11.5.2 AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS
TABLE 124 AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS, 20172019
11.5.3 EXPANSIONS & INVESTMENTS
TABLE 125 EXPANSIONS & INVESTMENTS, 2019
11.5.4 ACQUISITIONS
TABLE 126 ACQUISITIONS, 2019
12 COMPANY PROFILES (Page No. - 143)
(Business Overview, Products, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.1 KOPPERT BIOLOGICAL SYSTEMS
12.2 VALAGRO SPA
12.3 BIOLCHIM S.P.A
12.4 FMC CORPORATION
FIGURE 45 FMC CORPORATION: COMPANY SNAPSHOT
12.5 HAIFA GROUP
12.6 UPL LIMITED
FIGURE 46 UPL LIMITED: COMPANY SNAPSHOT
12.7 BAYER AG
FIGURE 47 BAYER AG: COMPANY SNAPSHOT
12.8 SIKKO INDUSTRIES LTD
12.9 NOVIHUM TECHNOLOGIES GMBH
12.10 HUMINTECH GMBH
12.11 BORREGAARD
FIGURE 48 BORREGAARD: COMPANY SNAPSHOT
12.12 QINGDAO FUTURE GROUP
12.13 PROMISOL
12.14 BIOLINE
12.15 HUMIC GROWTH SOLUTIONS
12.16 ACTAGRO
12.17 ROVENSA
12.18 TAGROW
12.19 CIFO
12.20 LOVELAND
*Details on Business Overview, Product,, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX (Page No. - 168)
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
13.3 AUTHOR DETAILS
The study involves four major activities to estimate the current market size of the humic-based biostimulants market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and market sizes were validated with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation approaches were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.
Primary Research
The humic-based biostimulants market comprises several stakeholders, such as manufacturers, importers and exporters, traders, distributors and suppliers of humic-based biostimulants, and government & research organizations. It also includes manufacturers of fertilizers and PGR companies. The demand-side of this market is characterized by the rising demand for humic-based biostimulants in fertilizer industries. The supply-side is characterized by the supply of raw materials in the humic-based biostimulants market from various suppliers in the market. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the humic-based biostimulants market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets were identified through extensive secondary research.
- Major regions were identified, along with countries contributing to the maximum share.
- The industrys supply chain and market size, in terms of value, was determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary respondents
Data Triangulation
After arriving at the overall market sizeusing the market size estimation processes as explained abovethe market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from both the demand and supply sides in the humic-based biostimulants market.
To know about the assumptions considered for the study, Request for Free Sample Report
Report Objectives
- To define, segment, and project the global market size of the humic-based biostimulants market.
- To understand the humic-based biostimulants market by identifying its various subsegments
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
- To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries)
- To profile the key players and comprehensively analyze their core competencies.
- To understand the competitive landscape and identify major growth strategies adopted by players across key regions.
- To analyze the competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, collaborations, divestments, disinvestments, and agreements.
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
- Further breakdown of the Rest of Europe's humic-based biostimulants market into Russia and Ukraine.
- Further breakdown of the Rest of Asia Pacific humic-based biostimulants market into Thailand, New Zealand, and Vietnam.
- Further breakdown of South America humic-based biostimulants market into Chile, Paraguay, and Peru.
- Further breakdown of the others in the RoW humic-based biostimulants market into Africa and the Middle East.
Company Information
- Detailed analyses and profiling of additional market players (up to five)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Humic-based Biostimulants Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Humic-based Biostimulants Market